Property for sale
Property description & features
- ANNUAL RENT INCOME £37,000 - 8.7% YIELD
- HMO INVESTMENT HOUSE
- SIX DOUBLE BEDROOMS
- THREE SHOWER ROOMS
- THREE WC
- TWO OFF ROAD PARKING SPACES
- GREAT LOCATION FOR STUDENTS RENTAL
- LARGE LOW MAINTENANCE GARDEN
Overview - We are delighted to bring this renovated student HMO property in Beeston, a prime location for students attending the University of Nottingham.
This is a fantastic opportunity to acquire a six-bedroom property yielding at 8.7% gross.
The property has been let to a group of students for 23/24 at a rent of £37,000 PA. This offers a return on investment of 8.7% yield and peace of mind for the investor, knowing that the property is fully let for the next academic year, which the current owner is willing to guarantee. The property is managed by an experienced professional letting agency, who are on hand to deal with any queries or issues that may arise and all paperwork can be supplied quickly on request.
High quality and has ben fully refurbished, the property is as follows:
As you enter the property, to the ground floor you have two of the double bedrooms to the front of the property and the fully equipped open plan living/kitchen space to the rear, overlooking the garden. There is also a shower room with a toilet and an additional toilet situated on the ground floor, not to mention the abundance of under-stairs cupboard storage.
As you head up the stairs to the first floor, there are an additional, four double bedrooms. All of the bedrooms throughout the property are fully furnished with a double bed, wardrobe, bedside table, desk, chair and chest of drawers. There is another bathroom with a freestanding shower, plus an additional shower room.
To the rear of the property, there is a great-sized, low-maintenance garden and to the front of the property there is room
The University campus is just around the corner and there are several shops and amenities within 5 minutes' walking distance towards Beeston centre and in close proximity of transport links to get into Nottingham.
Hallway -
Kitchen / Lounge - 5.4 x 3.6 (17'8" x 11'9") -
Bedroom One - 5.18 x 2.76 (16'11" x 9'0") -
Bedroom Two - 5.23 x 2.85 (17'1" x 9'4") -
Bedroom Three - 3.3 x 2.6 (10'9" x 8'6") -
Bedroom Four - 3.3 x 2.6 (10'9" x 8'6") -
Bedroom Five - 3.4 x 2.6 (11'1" x 8'6") -
Bedroom Six - 3.4 x 2.6 (11'1" x 8'6") -
Disclaimer - Please note the director of Katie Homes has an interest in the property.
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Property reference 32665045. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Katie Homes - Nottingham.
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